JUST, the leading DeFi infrastructure in the TRON ecosystem, announced on October 17 the completion of its fifth quarterly JST buyback and burn. A total of 170,723,144 JST tokens were permanently removed from circulation, representing approximately 1.72% of the total supply, with a value exceeding $23.53 million. Across five consecutive rounds, 1.88 billion JST tokens have been burned, driving the cumulative deflation rate past 19%, with over $100 million in capital deployed. This performance propelled JST to a year-to-date price surge exceeding 300%, pushing its market capitalization above $1 billion. The first phase of the program, funded by JustLend DAO’s initial treasury reserves, is now complete, making way for a major mechanism upgrade that will diversify capital sources, including new revenue streams such as GasFree.
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